Discuss-perfect competition

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Assignment:

Discussion: Perfect Competition

1. Do you believe that the ideal of perfect competition calls for certain businesses to be mere price takers with no ability to set their own prices?

2. Do firms like that still exist today? No, consumer products companies, but what about farmers or B2B?

3. So, wouldn't some of the idea still hold true if there are still businesses that take price concessions?

Reference no: EM133231680

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